National Science Foundation Authorization Act of 2010

[AI summary unavailable — showing source text] National Science Foundation Authorization Act of 2010 - Authorizes appropriations for FY2011-FY2015 to the National Science Foundation (NSF) for: (1) research and related activities; (2) education and human resources; (3) major research equipment and facilities construction; (4) agency operations and award management; (5) the Office of the National Science Board; and (6) the Office of Inspector General. Limits National Science Board reports to the President and Congress related to science and engineering and education in science and engineering to matters within NSF authority (or otherwise as requested by the Congress or the President). Repeals the requirement that the Inspector General of NSF conduct an audit every three years on the Board's compliance with open meetings subject to the Government in the Sunshine Act. Directs NSF to implement a policy for a specified broader impacts review criterion, including goals to achieve increased U.S. economic competitiveness, development of a globally competitive STEM workforce, and increased national security. Requires NSF to: (1) use at least 5% of its research budget to fund basic, high-risk, high-reward (transformative) research proposa…